This is a good opportunity in a strong market, and with your excellent credit and HELOC funds, you’re in a great position to make this project happen.

Of course, that opens up a whole new can of worms RE the tax implications of having the in-laws live at below-market rents in one of our properties.  

I started my real estate career in 2014 working in marketing at PPR Note Co. with Dave Van Horn.

Off-Market: I was working for a storage facility and the owner needed help removing his stuff because he was moving How did you finance this deal?

CT spots like Bridgeport and New Haven also pop up a lot in conversations about good starter markets.

If have investment property, we are looking for relatively updated units (we are ok doing some work ourselves), class C+/B tenants, with rents either close to market rate or that can be increased.

Fairbanks offers a unique market with its own set of considerations.

STR seems to have better tax benefits (in the right market) but is it worth it at a distance ???

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

Purchase price: $275,000 Cash invested: $129,000 20-unit hotel, was abandoned and had sat on the market for 3 years.